Wazua
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REITS ARE HERE
Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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can we short sell them ....coz this real estate bubble is gonna burst pretty pretty soon ..
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Rank: Member Joined: 9/9/2010 Posts: 546 Location: Garissa
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[quote=josiah33]What do u think of this new developments- http://www.businessdaily.../-/96sg35z/-/index.html[/quote] When the herd went for the Mpesa IPO, I was flowing in the opposite direction. Real estate is pulling in the crowds. The herd is heading the real estate way. It's a clear indication to me that I should be heading back to the security Market. This is an old wisdom that has treated me well so far. Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... Who is going back to the stock market Only .... Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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QW25081985 wrote:can we short sell them ....coz this real estate bubble is gonna burst pretty pretty soon .. am not sure if u can short sell and i don't imagine anyone would lend them to u in the first place.
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Sure wrote:[quote=josiah33]What do u think of this new developments- http://www.businessdaily.../-/96sg35z/-/index.html[/quote] When the herd went for the Mpesa IPO, I was flowing in the opposite direction. Real estate is pulling in the crowds. The herd is heading the real estate way. It's a clear indication to me that I should be heading back to the security Market. This is an old wisdom that has treated me well so far. Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... Who is going back to the stock market Only .... only you..........well! it's true success cannot be found where the crowd is, the competition is too stiff there.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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josiah33 wrote:Sure wrote:[quote=josiah33]What do u think of this new developments- http://www.businessdaily.../-/96sg35z/-/index.html[/quote] When the herd went for the Mpesa IPO, I was flowing in the opposite direction. Real estate is pulling in the crowds. The herd is heading the real estate way. It's a clear indication to me that I should be heading back to the security Market. This is an old wisdom that has treated me well so far. Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... Who is going back to the stock market Only .... only you..........well! it's true success cannot be found where the crowd is, the competition is too stiff there. Get greedy when others are fearful and get very fearful when the crowd gets greedy... reminds me of a monkey story once posted on Wazua
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.”
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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mkonomtupu wrote:The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.” EXPLAIN
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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mkonomtupu wrote:The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.” LOLOLO  Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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josiah33 wrote:mkonomtupu wrote:The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.” EXPLAIN Explaination as posted on #3...... Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... sounds familiar to the story? no? read again.....
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Rank: Member Joined: 6/17/2011 Posts: 229
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Jamani wrote:josiah33 wrote:mkonomtupu wrote:The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.” EXPLAIN Explaination as posted on #3...... Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... sounds familiar to the story? no? read again..... Kimunya is the man, Wanjiku is the villagers, and monkeys MSC and Saf'com shares..... What about his assistant!?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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eco wrote:Jamani wrote:josiah33 wrote:mkonomtupu wrote:The monkey story
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it !
The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.”
The villagers hurried round with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only bloody monkeys everywhere!
Now you have a better understanding of how the stock market works.” EXPLAIN Explaination as posted on #3...... Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... sounds familiar to the story? no? read again..... Kimunya is the man, Wanjiku is the villagers, and monkeys MSC and Saf'com shares..... What about his assistant!? The banks and stockbrokerage firms...able assistants they were
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Sure wrote:[quote=josiah33]What do u think of this new developments- http://www.businessdaily.../-/96sg35z/-/index.html[/quote] When the herd went for the Mpesa IPO, I was flowing in the opposite direction. Real estate is pulling in the crowds. The herd is heading the real estate way. It's a clear indication to me that I should be heading back to the security Market. This is an old wisdom that has treated me well so far. Who is going to real estate All investment companies All insurance companies All banks All churches All Pension funds All previous shareholders at NSE All.... Who is going back to the stock market Only .... Sir John Templeton once said : " Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria " if you ask me we are gettin into the euphoria stage... one day supply will meet demand and that'll be the tipping point .
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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ARE REITS COMING AT THE WRONG TIME AS SOMEONE SAYS THE PROPERTY BUBBLE IS ABOUT TO BURST?
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Rank: Member Joined: 4/19/2007 Posts: 68
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Buyer be aware, there is a proposal to have 2 types of REITS that is rental and development.
The rental REITS are timely especially with the prevailing high interest rates and shrinking middle class making rental sustainable.
For the development REIT's I tell you be aware as this could be a pyramid scheme in the making. Even in the developed markets this type of REITs are only available to institutional and qualified investors and like hedge funds are unregulated.
A qualified investor in the US is someone with a net worth, not debt worth, of 1 Million Dollars or above therefore making them unsuited for offer to retail aka KBF investors like you and I.
There also needs to be a strong regulation and monitoring of the equity to debt ratios, I would propose a zero "0" percentage until such a time as our real estate markets are more mature.
To me this is a great opportunity that is presenting itself and to me a solution for those "investment groups" that have been using land purchase as a means of balancing their portfolios.
Kaa Chonjo
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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New Blog Post: REITS Simplified! Real Estate Investment Trusts (REITS) are set to make their debut at the Nairobi Securities Exchange (NSE) next month but what are they? Should you be excited about them? Whats a REIT? A REIT is a Real Estate company which owns, develops or manages different types of properties i.e Offices, Shoppping Centres, Apartments e.t.c. REITS normally debut at the bourse via an IPO, where the Public are encouraged to buy units in the Company/REIT. For a company to qualify as a REIT it must pay 90% of it's income as dividends and they should only invest in real estate. REITS are regulated by the Capital Markets Authority (CMA) Read more here http://www.contrarianinv...on-reits-simplified.html
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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I own a REIT somewhere and it has never dissapointed me in terms of distributions and capital gains, look at Sarit centre occupancy levels are 100%...btwn REITS will be traded at the bourse like any other stock.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Its good that these REITs scare people away, so that some of us can buy cheaper.
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Rank: Member Joined: 12/11/2006 Posts: 889
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how many reits do we have in kenya. can someone name afew. “Invest in yourself. Your career is the engine of your wealth.”
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